Will Section 21 Be Banned Under The Labour Government?
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- čas přidán 28. 08. 2024
- Will Section 21 Be Banned Under The Labour Government?
In this video, we examine the potential banning of Section 21 under a Labour government. Discover what this significant change could mean for landlords and tenants across the UK. We’ll discuss Labour’s proposed housing policies, the implications for the rental market, and what the future might hold if Section 21 is abolished. Stay informed about the latest developments in UK housing legislation. Don't forget to like, comment, and subscribe for more updates on property laws and market trends!
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You once again you hit the nail on the head, it will take ages to get that bill through, no need to panic! Excellent videos.
If the bill can only go through once the courts are ready then that basically means never. The UK has a medieval legal system that is full of pomp and ceremony yet is totally ineffective and that’s not likely to change as a lot of people like it the way it is, especially those making money from it.
Thanks 👍
Okay, I'll get a council house and decide not to pay the rent.
Seriously, Can I rent a car, cause thousands of pounds of damage, not pay the hire fee for six months and expect the hire company to continue insuring, road tax and not me no pay rental? Then go to court and pay off the arrears monthly at £12 per month. In this example I would be taken to court straight away, the vehicle removed from my driveway without my permission and receive a court summons. Also the car rental company can increase the monthly rental fee at any time in line with inflation, insurance and or road tax costs.
This sounds like many other types of legislation these days , one bad egg (landlord) and ban it for the rest, in place of dealing with the real problem of bad landlords and bad tennants.
I rent my property and a friend who is a landlord was in tears over a tennent who had destroyed his property that he had spent all his pension and savings to buy, expecting it to give enough return for him to pay his the remaining mortgage on his own home and the new property he had restored and rented out, the tennants liability was the extent of the deposit, about £850. Some eleven months later (earliest court hearing he could get) the court deemed there was zero chance of recovering any money as the Tennant was about to go to jail for other offences.. However, the Tennant had caused nearly seventy £70k of damage to the property.
Its a sign of today's society, criminals (bad tennants) have the law on their side whilst law abiding people who are providing homes that subsequent governments couldn't be bothered to do are punished.
I've voted labour all my life but I'm on my landlords side on this one as criminal or anti-social behaviour should never be accepted as being normal and without consequence. Typically, when I was mugged and my flat was broken into the police were completely uninterested.
My landlord is now facing expulsion from his own home and losing his rental as he no longer has any savings to repair the rental or sufficent funds from his pension to pay his own mortgage so it looks as if he will now be after one of those new council houses.
As I have said previously I'm on my landlords side on this one and if Labour just bring this ban on section 21 into force without protecting the landlord then I vow never to vote for them again as I didn't expect them to punish the law abiding person and prevent my asperation and ambition of one day being a good landlord too. Looks like labour big wigs are as corrupt and scheming as those conservatives where fairness doesn't matter, just like the conservatives it's a case of who can I vilify then rob.
Rents have risen in part due to costs of mortgage interest costs, property insurance, tradspersons and materials, almost doubling in the past three years; not forgetting that up to forty percent of the rent landlords charge is government tax. I guess it's better for them to say rents have risen due to nasty landlords than for them to admit that it was them who messed up the economy and wages have been flat for the past 14 years whilst cost of living has gone up four fold.
Well done Labour you are just about to make another person completely disgruntled with politics, and politicians in general, lies, deception and vilification of groups, in short it's not our (politicians) fault, it's your fault for being poor and paying the highest government tax in Europe.
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Labour have to be sensible or otherwise mass panic and a housing crisis far worse than it is now. Anything that places Landlords in such a vulnerable position will only invite unscrupulous tenants to game the system. It would be better for me to leave houses unoccupied, or sold with a capital gains loss, than lose control over an asset I've spent my working life to attain. Think too of the properties rented out by individuals who are temporarily working away. That sector will dissappear fast.
Any Landlords who are currently due to have a change in tenants will think twice whether it's worth going back into the market and be super picky who they choose. So a disaster that's so easily avoided by simply increasing the notice period on Section 21 to something like 6 months as a temporary measure whilst the courts gear up to provide a quick turaround for dispute cases.
Very true
So, if Labour were to abolish Section 21 and then a landlord wants his house back because he’s decided he wants to move back in to the property himself, how will he get the house back? He won’t be able to serve a Section 8, not if the tenant hasn’t done anything wrong?
There lies the whole problem with abolishing Section 21! If Labour don't make any provisions to amend the Bill that includes situations like this then even more Landlords will leave the market. They wouldn't be so daft would they?!!!
This is why getting rid of section 21 is barmy at least with 21 there is a changeover and an open market
There will have to be exemptions to the rule such as:
- landlord is selling their property
- landlord wants to move back in
- landlord doing full house refurbishment works
Section 8 would have amendments so you can get house back to live in it. But yes its not ideal.
@@nicko808 they will make a provision for that, but they are talking about landlords having to provide the tenant with a minimum period of 24 months to get vacant possession.
That’s a long time, especially if they stop paying your rent.
Get rid of section 21, the sooner the better!!
Also, introduce sanctions (massive financial penalties) to landlords who will want to kick out good paying tenants !!!❤❤❤
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I don’t think they will shake things up anymore. It would be a catastrophe to implement it without having put plans in place to migrate rental stock to social housing. They might offer incentives to existing landlords and prevent new ones coming in?? Who knows 😊
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More likely do a Corbin, force you to sell the property at a "fair" (to whom) rate tax you on the proceeds while giving the tennant a discount of the total rent they paid to date. Robbery!
They are slowly turning privately rented properties into council housing stock. Landlords will make the investment, but will have very little (if any) control over the running of the property.
@@Bee-rr6vo Err, possibly not the full story! The Labour Government is working with the private sector on this project. Reputedly Nationwide Anglia and another high street bank have stated that they intend to become the largest landlords in the UK. I firmly believe the Government is working with these agents to boot the small landlord out of the rental market and transfer their assets to the huge banks to raise capital to keep themselves afloat on the promise of returns for the Government. It's simply transfert of one of the few areas in the economy that make any money to huge corporations. No different to British energy, bet you the cost of energy goes up. In the USA private wind farms turn the turbines off to maintain a shortage of energy in order go keep the price of energy up. As we know governments are perfect when it comes to controlling private businesses e.g. Post Office, Thames Water, Road infrastructure, house building etc. etc. Reputedly Edd, the unwashed, has sequested Crown arable land to build his windmills and solar panels, another raid on a group that's not too popular at the moment.
All of which leads to the fundermental premise of: "You will own nothing" even when you have paid for it.
Great video, explaining both tenant’s and landlord’s perspective of changes in the law.
Thanks so much.
Near where I live there are lots of new builds owned by Legal&General with flats for rent only , hive style of buildings with co working spaces, gyms and swimming pools. I think there are lots of those near the City as well. Seems like a new trend so those big companies investing in rent only buildings know something in advance about upcoming legislation.
You see that a lot abroad. Australia and Thailand for example have lots of properties like that. If I was renting I would be interested in staying in one of those.
I once had a tenant on housing benefit who stopped paying applied for a section 8. She was playing games and went to council 1 day before my court date to find out that the council wont rehouse her as she failed to pass on the rent. Guess what she paid the whole outstanding rent 2 hrs before court hearing and my case was thrown out. I then served her s21 and waited months including the bailiff process to evcit her. The house was trashed and only 1 month deposit hardly touched the damage caused. Tenants play the system. This is just going to kill the buy to let id say.
Sorry to hear that.
Agreed. Buy to let is all but over.
Hi 👋 James and Family 💪🏆✊🙏. Great Video 🐺🤙
🙏 Thanks Slack
Simple answer. DISASTER!
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I have heard that they are also saying not paying rent will not be a reason for eviction I that right?
Yes. They said in their manifesto that rent arrears will be a reason for eviction only if the landlord suffers more hardship than the tenant.
I guess the devil will be in the detail, what’s in the book of lies may not be what happens.
Yes, but the problem is the court cant cope with getting the cases through quick enough. Which is why Tories said they would fix courts first.
@@propertyaccelerator I don’t think Labour will care about that. They only care about keeping tenants in property, the landlord will soon have almost zero rights/reasons for possession outside of plus 4 months rent arrears or two years notice to gain access to the property to reoccupy or sell.
They are also looking at applying section 24 to Limited companies apparently.
The old registered tenants model is where we are heading back to, effectively sitting tenants with total occupation rights, rent rises limited to the lower of inflation or wage increases with a simple process for the tenant
to challenge any rent rise. At the same time they will insist you modernise the homes you rent to EPC B in time with no extra rent where is the return?
I only rent out flats so tenants tend to turn over every 4-5 years on average, at which point market rents will be permitted. Anyone renting out a single house to a low income family who suddenly can’t pay the rent… good luck getting them out, or collecting any arrears.
Welcome to socialism. It’s great for the lazy and work shy.
@@graemebarriball303
Who did you vote in the last election?
@@scienceevolves4417 why?
End of buy to let
Would you prefer your local council to be the landlord. 90% of terrible stories you see are where the council at the landlord.
What happens if the 12 month AST comes to an end and is not renewed? Does that mean no need for Section 21 nor Section 8?
All rules will still apply if a tenant is on a month by month rolling contract
It would be rolling contract rather than 12 months moving forward it Renters Reform come law.
So suppose I need to sell my rental property because I'm having money problems (and it's very difficult to sell with tenants in situ), I won't be able to evict the tenants no matter how much notice I give them?
You can to sell that will be fine.
How
As a landlord can you say you don’t have a problem with abolishing s.21.
You’ve admitted that tenants play the system sometimes.
I’d like to hear why you don’t have a problem with S 21 going?
Ive never had a problem and I feel tenants do need security. I still have Section 8 if they cause me problems.
@@darrensullivan942 I’ve rented property for over 35 years, I’ve never used a section 21.
Exactly!
I'd like to know the actual figure.
Is it 1%? Is it more or less?
Clearly these are rare and exceptional cases why do people worry...
@@graemebarriball303 is that because you have a lot of property and if 1 goes to court it’s no big deal
@@propertyaccelerator what I like about s21 is it saves a landlord legal bills and a tenant a CCJ a mutual walk away clause no no fault eviction once it’s gone you will regret saying you won’t miss it
I think if you are the landlord it’s your house and if you want it back and you give them plenty time notice that should be enough. If they want to go they have only got to give one months notice.
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Except it ISN'T your house because you allow it to be occupied to someone else.
So you obviously forfeit part of your claim.
@@scienceevolves4417 so when there is a problem with the house I sort it out ! Not a problem that’s what we do the people who rent out my house should be safe and happy but there is going day when I want my house back at the end of the day it’s a investment. So with plenty of notice get out of my house please thanks that’s how it works.
James,
If you could help out with some info on the following case I’ll be grateful.
If simply a tenant is on a rolling tenancy contract and landlord needs to sell the property or move in to the property due to heath restrictions (like moving to their rented bungalow), what is their options to get back their rented property?
Thanks
In todays market offer a Section 21 as you can still do that, that is no fault eviction and they will leave in 2 months. If you wait and Labour abolish Section 21 you will have to issue Section 8 which will take longer.
8 is a MUCH different beast and you need to prove, not just allege severe breaches of tenancy.😊
@@jaybee2402 thanks.
So, the question is if the tenant is not in breach of contract then how landlords could get back their property if the need the money and need to sell it?
With what you are saying it sounds once you let your property to a tenant then you don’t own it anymore and they can stay as long as they wish.
This sounds a bit harsh and impractical!
Is this truly the case?
But Section 21 is USELESS!! Every tenant knows they can ignore a Sect 21 and wait 6+ months for the Section 8!!
Not every tenant some will just leave.
If someone could help out with some info I’ll be grateful.
If simply a tenant is on a rolling tenancy contract and landlord needs to sell the property or move in to the property due to heath restrictions (like moving to their rented bungalow), what is their options to get back their rented property?
Thanks
In todays market offer a Section 21 as you can still do that, that is no fault eviction and they will leave in 2 months. If you wait and Labour abolish Section 21 you will have to issue Section 8 which will take longer.
@@propertyaccelerator Thank you James
Manifestos are a waste of paper
True they rarely happen.
My partners dad has been issued a section 21 and filled out his defence forms how long would it take for the landlord to get a court date? Please get back to me ill drop a like and a follow
I dont think it will go to court, Section 8 goes to court not Section 21. I would speak to your council, shelter and citizens advice ASAP. Dont waste any time and good luck.
Let’s see if Labour actually manage to build the 1.5m new houses!
I dont think they will as its not them building. Making planning easier will help, but some developers are sitting out due to high interest rates. Cost them more to borrow and their buyers can afford less.
@@propertyaccelerator plus planning is only part of the issue. Cornwall Council took 18 months to approve and sign my S106 agreement, an agreement they themselves drafted. I couldn’t start on site until it was signed. 🤷🏻♂️
Sell up and enjoy the money .
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No worried government need small landlords i dont need them
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Wind through to 1:30 then you get past his ‘smash the like’ dribble.
😳
Has I've not liked this am i a bad man?
Tou make me feel like if i dont om not a good man.
You commented thats better than a like 😃
It would be great if they subscribe to your channel and listen 😀
Thanks